More time is needed to see whether Modi’s new policy will turn into a huge blow against corruption in India. The hard truth is that the corrupt and fraudulent won’t just conduct shady deals by using cash, but with gold, real estate and overseas assets. Corruption can be bred in a variety of ways. Blocking the circulation of large currency bills is without question far from enough.
The geopolitical risks in Asia are not as serious as they appear to be. Some countries have overestimated the threats facing them and chosen to hide behind the US. They have dwarfed themselves strategically.
For a long time, Hong Kong may be a special stage for an ideological tug of war between China and the West. The prejudiced forces in the West now try to use their ideology to influence Hong Kong and harm relations between the Chinese mainland and Hong Kong. This is a serious problem, and Hong Kong must confront it.
India and China should put more efforts into resolving problems like the imbalance of their trade ties. India won’t benefit much by balancing China through Japan. It will only lead to more mistrust between New Delhi and Beijing.
The authorities are expected to brief the public about the provisions of the law so it can be fully implemented after taking effect.
Radical Islam is casting its influences across the globe. With a large population, Indonesia faces the challenge of developing its economy, in which harmony among different ethnicities is a must. It is especially important for Indonesia as the largest Muslim country in the world.
After employing a racial slur and separatist comments while being sworn into office, two Hong Kong legislators-elect, Sixtus Leung Chung-hang and Yau Wai-ching, created a scene again in the Legislative Council (LegCo) on Wednesday.
A free trade zone that includes previous SCO members and India and Pakistan as new members will be of great value to the region, which will in turn coordinate anti-terror efforts and uphold regional security.
However, whether China can achieve the sustainable development of aviation technology depends not only on government-backed investment, but also to what extent the aviation industry can be opened to private enterprises to inject fresh momentum into the sector.
As world media later reported, many Chinese coast guard vessels are still in the waters. Everyone knows what their existence means.
After Vietnamese Prime Minister Nguyen Xuan Phuc and Philippine President Rodrigo Duterte’s visits to China, Malaysia’s Prime Minister Najib Razak will embark on his third visit to China on Monday.
China is not going to form an alliance with the Philippines. Beijing does not expect Manila to confront the US. But Washington and Tokyo are encouraging the Philippines to maintain its conflicts with Beijing. Duterte has already seen through their calculations.
In a shift of attitude, the World Bank has started giving more aid to hydropower projects as it is more environmentally friendly. Hydropower development in Tibet sticks to two principles: it must prioritize ecosystems and meanwhile, local residents must have more access to clean energy.
The most urgent task for the country is to make the rich earnestly fulfill their obligation to pay taxes. Middle-income earners in many cities lack the confidence to increase their income in the years to come. Those who are under pressure of buying or moving in mega-cities feel it’s even harder to make a living. The Chinese government should fully understand their situation, eliminate their unnecessary concerns and try to strive for their support of the new policies.
Kyrgyzstan recently arrested 14 border police officers for suspected trafficking of illegal arms, according to media reports. It is also noted that the criminals who attacked the Chinese embassy in the Kyrgyz capital Bishkek on August 30 sourced their weapons from these people.
It has been a week since the Supreme People's Court approved Jia Jinglong's death sentence. The controversial case triggered public uproar after lawyers and scholars voiced suspicions about the execution order.
Earlier this year, the Chinese government announced a major redundancy plan targeting the coal and steel sectors, which are notably floundering amid overcapacity woes. This is part of China's mega project to revitalize its downward economy by stripping off negative assets and redistributing State funds and social wealth into promising industries.
During a repeat of a swearing-in ceremony for five new legislators to Hong Kong's Legislative Council (LegCo) on Wednesday, pro-establishment lawmakers staged a walkout, depriving the council of the quorum needed to validate the oaths.